More Photos Coming Soon. Welcome to 7245 Russell Avenue S, a classic Richfield rambler offering comfort, convenience, and opportunity. Built in 1947, this charming single-family home features 3 bedrooms, 1 bathroom, and approximately 900 square feet of living space, thoughtfully laid out for everyday living. Step inside to a bright and functional main level with comfortable living areas and three well-sized bedrooms. Main Flooring Laundry. Roof and Furnace is approximately 5 years old. The home sits on an expansive 10,000+ square foot corner lot, providing plenty of outdoor space for entertaining, gardening, or future expansion. Backyard partial fenced with Shed. Oversized 1 car garage. Located in a desirable Richfield neighborhood, the property offers quick access to parks, schools, shopping, and major highways, making commuting throughout the Twin Cities easy and convenient. Whether you're a first-time buyer, investor, or someone looking to personalize a home in a great location, this property offers incredible potential. Walking distance from parks, shopping, restaurants and local attractions
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Zestimate®
$200,000
7245 Russell Ave S, Richfield, MN 55423
3beds
1,052sqft
Single Family
Built in 1947
10,018 Square Feet Lot
$200,000 Zestimate®
$190/sqft
$2,538 Estimated rent
Home value
$200,000
$186,000 - $214,000
$2,538/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Ryan J. Mann 612-751-1073,
Coldwell Banker Realty
Bought with:
Mark Edward Philion
Coldwell Banker Realty - Southwest Regional
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7038327
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: Main
- Area: 169 Square Feet
- Dimensions: 13x13
Bedroom 2
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11x11
Bedroom 3
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Kitchen
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13x11
Living room
- Level: Main
- Area: 180 Square Feet
- Dimensions: 15x12
Porch
- Level: Main
- Area: 152 Square Feet
- Dimensions: 19x8
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
- Laundry: Laundry Closet, Main Level
Features
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 1,052
- Total interior livable area: 1,052 sqft
- Finished area above ground: 1,052
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Attached
- Attached garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
- Pool features: None
- Fencing: Chain Link,Partial
Lot
- Size: 10,018 Square Feet
- Dimensions: 134 x 75
- Features: Near Public Transit, Corner Lot, Tree Coverage - Medium
Details
- Additional structures: Meat Shed
- Foundation area: 900
- Parcel number: 3202824140030
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Age 8 Years or Less
Condition
- New construction: No
- Year built: 1947
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Home Acres
HOA
- Has HOA: No
Location
- Region: Richfield
Financial & listing details
- Price per square foot: $190/sqft
- Tax assessed value: $260,800
- Annual tax amount: $3,600
- Date on market: 3/17/2026
- Cumulative days on market: 28 days
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/7/2026 | Sold | $200,000-18.4%$190/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7038327 Report a problem | ||
| 4/29/2026 | Pending sale | $245,000$233/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7038327 Report a problem | ||
| 4/14/2026 | Price change | $245,000-5.8%$233/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7038327 Report a problem | ||
| 4/1/2026 | Listed for sale | $260,000+421%$247/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7038327 Report a problem | ||
| 3/1/1979 | Sold | $49,900$47/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,700 -4.4% | $260,800 -4.2% |
| 2024 | $3,870 +18% | $272,200 -5.3% |
| 2023 | $3,278 +11.6% | $287,400 +11% |
| 2022 | $2,938 +4.2% | $259,000 +17.7% |
| 2021 | $2,819 -5.6% | $220,000 +4.8% |
| 2020 | $2,985 +5.9% | $210,000 -0.9% |
| 2019 | $2,819 -5.6% | $212,000 +9.8% |
| 2018 | $2,985 +25.4% | $193,000 +23.7% |
| 2017 | $2,381 +15.6% | $156,000 +4.7% |
| 2016 | $2,059 -1% | $149,000 +5.7% |
| 2015 | $2,079 +8.6% | $141,000 +7.6% |
| 2014 | $1,915 +1.1% | $131,000 |
| 2013 | $1,894 -14.8% | $131,000 -15.5% |
| 2012 | $2,222 -0.4% | $155,000 -2.5% |
| 2011 | $2,232 +1.1% | $159,000 -8.1% |
| 2010 | $2,208 +6.7% | $173,000 -1.1% |
| 2009 | $2,070 +14.3% | $175,000 +6.7% |
| 2006 | $1,810 +13.7% | $164,000 +11.9% |
| 2005 | $1,592 +12% | $146,600 +15% |
| 2004 | $1,421 +13.2% | $127,500 +11.9% |
| 2002 | $1,255 -46.6% | $113,900 |
| 2001 | $2,352 | -- |
Find assessor info on the county website
Neighborhood: 55423
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Nearby schools
GreatSchools rating
- 7/10Sheridan Hills Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 4/10Richfield Middle SchoolGrades: 6-8Distance: 0.3 mi
- 5/10Richfield Senior High SchoolGrades: 9-12Distance: 1.3 mi
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Estimated market value
$200,000
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Estimated market value
$200,000
- Minnesota
- Hennepin County
- Richfield
- 55423
- 7245 Russell Ave S
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